Techstars

Techstars is a global platform that invests in and supports early-stage technology companies. Founded in 2006, it operates a mentorship-driven accelerator program, providing seed funding, intensive mentorship, and access to a network of investors and entrepreneurs. Techstars has programs in various locations worldwide, including Boston, Boulder, New York, Seattle, London, Chicago, and Austin. It invests $118,000 in each company, with $18,000 in seed funding and an optional $100,000 convertible debt note. Techstars also has industry-specific accelerator programs, such as Techstars Retail and Techstars Music, focusing on retail and music technology, respectively. Its portfolio includes over 1,000 companies with a combined market cap of $8.1 billion.

Ethan Austin

Director

Sarah Bain

Managing Director

Ravid Chowdhury

Investment Manager

Saalim Chowdhury

Managing Director

Maelle Gavet

CEO and Board Member

Terry Gold

Managing Director

Kirstin Hunter

Managing Director

Matt Kozlov

Managing Director

Ryan Kuder

Founder and Managing Director, Techstars Anywhere Accelerator

Raphaele Leyendecker

Managing Director

Bob Moczydlowsky

Managing Director and Founder, Techstars Music

Bruno Morency

Managing Director

Zach Nies

Managing Director

Hilla Ovil-Brenner

Managing Director

Julie Penner

Program Director

Neal Sales-Griffin

Managing Director

Martin Schilling

Managing Director

Sunil Sharma

Managing Director

KJ Singh

Managing Director

Vijay Tirathrai

Managing Director

Kartik Varma

Managing Director

Jenna Walker

Managing Director

Anne Wellington

Managing Director

Past deals in Norway

Goscore

Pre Seed Round in 2022
Goscore is a financial technology company focused on enhancing financial inclusion through an innovative cross-border credit scoring platform. By providing a portable financial history, Goscore addresses the challenges faced by individuals who have been historically excluded from financial services due to poverty or lifestyle choices that lead them to live and work nomadically. The platform enables users to carry their credit history across borders, allowing lenders to accurately assess creditworthiness using real-time data from various sources. Utilizing machine learning, Goscore generates comprehensive financial profiles that help customers make informed lending decisions, resulting in a notable increase in creditworthy borrowers and a reduction in default rates. As an authorized credit scoring company in Norway, Goscore aims to empower those previously marginalized by traditional financial systems, ensuring that everyone has access to essential financial services.

ComputerWell

Pre Seed Round in 2022
ComputerWell is a software development company based in Trondheim, Norway, founded in 2020. It specializes in creating digital tools that enhance drilling operations through advanced surveillance and data analysis. The company's flagship application features an ultrafast simulator that predicts the state of the drill string during operations. This capability allows for optimization and informed decision-making, ultimately leading to cost savings by preventing issues such as stuck pipes, tool failures, and inefficient drilling practices. Additionally, ComputerWell's software enables industries to analyze various parameters, including downhole stresses, torques, friction forces, and drilling efficiency metrics, thereby improving overall operational effectiveness.

AnsuR Technologies AS

Funding Round in 2020
AnsuR, based in Norway & Spain, provides software for mission-critical satellite communication of multimedia content, reducing bandwidth by 99% and increasing efficiency by 100 times.

Think Outside

Pre Seed Round in 2020
Think Outside AS is a technology startup based in Bergen, Norway, specializing in the development of advanced real-time radar equipment for avalanche sensing and outdoor applications. Founded in 2017, the company focuses on producing innovative products that enhance safety in skiing and hydropower sectors. Its flagship product, Sknow, provides skiers with real-time data on snow layers directly beneath their skis, including information on snow depth, layering, density, and snow water equivalent (SWE). By integrating software solutions with its hardware, Think Outside aims to reduce health and safety risks associated with skiing in avalanche-prone areas, enabling users to make informed decisions regarding slope conditions and potential hazards.

VesselAdmin

Seed Round in 2019
VesselAdmin is a Norwegian technology company based in Oslo, established in 2017. It specializes in developing a digital chartering solution that connects charterers and vessel owners through an integrated procurement system and a global, real-time marketplace. The platform facilitates instant and automated connections, promoting a seamless chartering process that is transparent, compliant, and fair. By streamlining operations, VesselAdmin aims to enhance efficiency in the maritime sector while contributing to the green transition in ocean mobility. The company's services ensure that customers can secure the right vessel at the right time and location.

RagnaRock Geo

Seed Round in 2019
RagnaRock Geo is a Norwegian technology company focused on supporting geophysicists through data-driven decision-making. The company has developed an artificial intelligence software that automates the interpretation of seismic data, allowing for a more accurate understanding of the subsurface. This innovative software enables geoscientists to quickly analyze large datasets, returning insights related to stratigraphy, horizons, and faults within minutes. By streamlining the analysis process, RagnaRock Geo enhances the efficiency and effectiveness of geophysical research and exploration.

EcoG

Convertible Note in 2018
EcoG GmbH specializes in designing and developing an Internet of Things (IoT) operating system tailored for electric vehicle (EV) charging infrastructure. Established in 2017 and headquartered in Fürth, Germany, with additional offices in Oslo and Detroit, EcoG provides a comprehensive starter kit that encompasses charging control, backend connectivity, payment solutions, and application components. The company’s platform facilitates the integration of IoT protocols and supports an open API architecture, allowing charger manufacturers to innovate and enhance their services similarly to app development. By connecting users, vehicles, and infrastructure, EcoG creates value-added services that help businesses differentiate themselves in the EV charging market. The company's offerings also enable a customized fast-charging experience and promote shared revenue streams for charger operators.

EcoG

Pre Seed Round in 2017
EcoG GmbH specializes in designing and developing an Internet of Things (IoT) operating system tailored for electric vehicle (EV) charging infrastructure. Established in 2017 and headquartered in Fürth, Germany, with additional offices in Oslo and Detroit, EcoG provides a comprehensive starter kit that encompasses charging control, backend connectivity, payment solutions, and application components. The company’s platform facilitates the integration of IoT protocols and supports an open API architecture, allowing charger manufacturers to innovate and enhance their services similarly to app development. By connecting users, vehicles, and infrastructure, EcoG creates value-added services that help businesses differentiate themselves in the EV charging market. The company's offerings also enable a customized fast-charging experience and promote shared revenue streams for charger operators.
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